Paneser Mechenical Works Pvt Ltd
About Paneser Mechenical Works Pvt Ltd
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Paneser Mechenical Works Pvt Ltd is a private limited company based in Ludhiana, Punjab, India. It operates in the electrical equipment manufacturing segment of the electrical equipment sector. It was incorporated on 21 January 1957 and has been in existence for over 69 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U29219PB1957PTC002201. Its GSTIN is 03AACCP7337E1ZP (Punjab).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Manjit Singh Panesar and Harman Singh Panesar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5 Rindustrial Area B Ludhiana, Punjab, India – 141003.
As per the financials filed for FY 2025, the company reported a revenue of ₹53.82 Lakh, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹6,257 (net margin 0.1%) and EBITDA of ₹19,795 (EBITDA margin 0.4%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 4% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Paneser Mechenical Works Pvt Ltd's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5 Rindustrial Area B Ludhiana, Punjab, India – 141003
- IndustryElectrical, Electrical Equipment, Transport Equipment, General Purpose And Special Purpose Machinery & Equipment
To see the full contact details of Paneser Mechenical Works Pvt Ltd, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Paneser Mechenical Works is manufacturing. In detail, this covers manufacture of machinery and equipment n.e.c..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 28 | Manufacture of machinery and equipment n.e.c. |
To see the full business activity and turnover split of Paneser Mechenical Works Pvt Ltd, buy the company report.
Financials of Paneser Mechenical Works Pvt Ltd
FY 2025 filings availablePaneser Mechenical Works Pvt Ltd reported revenue of ₹53.82 Lakh (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 19% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 141% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹19,795 | ||||
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| Net Profit (PAT) | ₹6,257 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 0.4% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Paneser Mechenical Works Pvt Ltd, buy the company report.
Board of directors of Paneser Mechenical Works Pvt Ltd
Paneser Mechenical Works has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjit Singh Panesar | Director | 23 Feb 1987 | 39 Years 8 Months | Current |
| Harman Singh Panesar | Director | 26 Nov 2006 | 19 Years 11 Months | Current |
| Surender Kaur Panesar | Director | 07 Oct 2002 | 24 Years 0 Months | Current |
Peer comparison
Paneser Mechenical Works Pvt Ltd is compared with the 10 companies closest to it by revenue in the same principal business activity (manufacture of machinery and equipment n.e.c.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kroma Protek Engineering Private Limited | ₹55.41 Lakh (FY 2025) | 12.0% | Pune, Maharashtra, India | |||
| Stutex World Private Limited | ₹54.83 Lakh (FY 2025) | Sundargarh, Odisha, India | ||||
| Arohana Circuit Systems Private Limited | ₹54.6 Lakh (FY 2025) | 340.0% | New Delhi, Delhi, India | |||
| Aktive Cooling Towers Private Limited | ₹54.56 Lakh (FY 2025) | 55.0% | Badarpur, New Delhi, Delhi, India | |||
| Krad Techno Crafts Private Limited | ₹53.84 Lakh (FY 2025) | 85.0% | Coimbatore, Tamil Nadu, India | |||
| Paneser Mechenical Works Pvt Ltdthis company | ₹53.82 Lakh (FY 2025) | ₹6,257 | 0.1% | 19.0% | Ludhiana, Punjab, India | |
| Raja Systems (Coating) Private Limited | ₹53.76 Lakh (FY 2025) | -27.0% | Pune, Maharashtra, India | |||
| Gepdec Energy Private Limited | ₹53.74 Lakh (FY 2025) | 1779.0% | New Delhi, Delhi, India | |||
| Tse Shaft Elevators India Private Limited | ₹52.5 Lakh (FY 2024) | 153.0% | New Delhi, Delhi, India | |||
| SPS Ecotech Private Limited | ₹52.28 Lakh (FY 2025) | 71.0% | Pune, Maharashtra, India | |||
| Yb Techsolution Private Limited | ₹51.97 Lakh (FY 2025) | -13.0% | Pune, Maharashtra, India |
To see the full peer comparison of Paneser Mechenical Works Pvt Ltd, buy the company report.
Auditor
Paneser Mechenical Works Pvt Ltd is audited by MOHINDER SINGH & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MOHINDER SINGH & CO. | FY 2017 | 081461 |
Shareholding
The shareholding of Paneser Mechenical Works Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Paneser Mechenical Works Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Paneser Mechenical Works Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Paneser Mechenical Works Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Paneser Mechenical Works has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCP7337E1ZP | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Paneser Mechenical Works Pvt Ltd, buy the company report.
Recent activity
Paneser Mechenical Works Pvt Ltd has 4 board changes on record since 1987: 3 appointments and 1 cessation. The latest: Ravinder Kaur Panesar ceased to be Director on 01 Jun 2013.
Frequently asked questions
Paneser Mechenical Works is an active private limited company based in Ludhiana, Punjab, India. The company works in electrical equipment, within the electrical industry. It was incorporated on 21 January 1957 (69+ years old) and is registered under CIN U29219PB1957PTC002201.
Paneser Mechenical Works has 3 current directors:
- Manjit Singh Panesar - Director
- Harman Singh Panesar - Director
- Surender Kaur Panesar - Director
The latest financial statements of Paneser Mechenical Works on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Paneser Mechenical Works is 03AACCP7337E1ZP, registered in Punjab.
The CIN (Corporate Identification Number) of Paneser Mechenical Works is U29219PB1957PTC002201. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paneser Mechenical Works was incorporated on 21 January 1957, making it 69+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Paneser Mechenical Works by revenue are Kroma Protek Engineering Private Limited, Stutex World Private Limited, Arohana Circuit Systems Private Limited, Aktive Cooling Towers Private Limited, Krad Techno Crafts Private Limited and 5 more, all in the same principal business activity (manufacture of machinery and equipment n.e.c.).
Ravinder Kaur Panesar ceased to be Director on 01 Jun 2013. Harman Singh Panesar was appointed as Director on 26 Nov 2006. Surender Kaur Panesar was appointed as Director on 07 Oct 2002. Paneser Mechenical Works has 4 board changes on record in total.
The registered office of Paneser Mechenical Works is at 5 Rindustrial Area B Ludhiana, Punjab, India – 141003.
Paneser Mechenical Works operates in the electrical industry, in the electrical equipment segment.
The compliance status of Paneser Mechenical Works is compliant as of 24 August 2026. The company is actively filing with the Registrar of Companies.
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